By Robert Romano The Federal Reserve on Sept. 20 held the federal funds rate steady at 5.25 percent to 5.5 percent amid inflation jumping in August to 3.7 percent annualized from 3.2 percent in July, stating that “[i]n determining the extent of additional policy firming that may be appropriate to return inflation to 2 percent over time, the Committee will take into […]

By Robert Romano On Sept. 30, the fiscal year will end with more than a $1.5 trillion budget deficit as inflation continues to rip through the U.S. and global economy, leaving Congress with much undone as it relates to appropriations. Not a single appropriations bill has passed both chambers and been delivered […]

By Robert Romano It is no mystery that the core demographics for the Democratic Party include single women, blacks and Hispanics. In 2020, Biden won unmarried women 63 percent to 36 percent over former President Donald Trump, blacks 87 percent to 12 percent and Latinos 65 percent […]

By Robert Romano Household median income took a major hit in 2022, dropping 2.3 percent to $74,580, amid high inflation that peaked at 9.1 percent annualized in June 2022, according to the latest figures from the U.S. Census Bureau . The news comes as inflation is once again heating up in the U.S. economy, with consumer prices rising 3.7 percent annualized in August according to […]

By Robert Romano “House Republicans have uncovered serious incredible allegations into President Biden’s conduct taken together these allegations paint a picture of a culture of corruption.” That was House Speaker Kevin McCarthy (R-Calif.) on Sept. 12 announcing that he was directing the House committees on Oversight, Judiciary and Ways and […]

By Robert Romano President Joe Biden has a near-record 61 percent disapproval rating, and loses to former President Donald Trump 47 percent to 46 percent in the latest CNN-SSRS poll taken on Aug. 25 to Aug. 31 . Only 39 percent approve of his handling of Biden’s job and a remarkable 9 percent of Democrats say they’d rather vote […]

By Robert Romano Declining fertility in advanced economies is nothing new. Since birth control was approved by the Food and Drug Administration in 1960, at the same time more women were entering the labor force and attending higher education, amid higher inflation, greater unemployment and a weaker […]

By Robert Romano “The thing that holds up whether to do an impeachment inquiry: Provide us with the documents we’re asking [for]. The whole determination here is how the Bidens handle this. If they provide us the documents there wouldn’t be a need for an impeachment inquiry, […]

By Robert Romano Don’t look now, but former President Donald Trump has opened up a massive lead among independents against President Joe Biden, 43 percent to 32 percent, in the latest Economist-YouGov poll take Aug. 26 to Aug. 29 , following the four indictments against him by New York City prosecutors, Special Counsel Jack Smith and Fulton County, […]

  By Robert Romano In recent U.S. elections, Democrats have tended to perform better among college graduates with bachelor’s degrees or higher while Republicans have tended to do better among those with either no college or among associate’s degree graduates. For example, in 2022, in the election […]

By Robert Romano The national unemployment rate reported by the Bureau of Labor Statistics jumped from 3.5 percent to 3.8 percent in August as an additional 514,000 Americans said they could not find work in the Bureau’s household survey. Now 6.3 million Americans are said to be unemployed, the highest in more than […]

By Robert Romano After leading national generic Congressional ballot polls for months on end during the 2022 Congressional midterm elections , Republicans and other political observers almost uniformly were predicted a so-called Red Wave to sweep the GOP into majorities seen in the 1994, 2010 and 2014 midterm elections. But it didn’t happen. Republicans picked up […]

By Robert Romano Former President Donald Trump now leads President Joe Bident by 2 points in the latest Emerson poll following his Aug. 24 arrest and mugshot by Fulton County, Ga. prosecutors and his absence at the Republican presidential debate the day before, 46 percent to 44 percent. The poll, taken […]

By Robert Romano “There’s a level of passion that I’ve never seen, there’s a level of hatred that I’ve never seen, and that’s probably a bad combination.” That was former President Donald Trump commenting on the possibility of armed conflict in response to a question from X host Tucker Carlson in an interview that aired on Aug. 23 , saying that the political passions of […]

By Robert Romano As many as 23.3 million Americans were added to the Medicaid rolls since Feb. 2020 during the program’s continuous enrollment program passed by veto-proof margins in 2020 in the  Families First Coronavirus Response Act — whereby nobody was reevaluated on the basis of income during and after the Covid […]